Relative Wealth Effects on Investors [PREMIUM]

How does investor competitiveness (a goal of relative rather than absolute wealth) affect optimal allocations? In their February 2019 paper entitled “The Growth of Relative Wealth and the Kelly Criterion”, Andrew Lo, Allen Orr and Ruixun Zh…

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Levels to watch: FTSE 100, DAX and Dow

Levels to watch: FTSE 100, DAX and Dow … It has been a difficult week to trade the FTSE 100, with Brexit volatility failing to provide a clear direction …

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Trump: Boeing 737 Max planes grounded

US President Donald Trump announces the grounding of Boeing 737 Max planes after the Ethiopian Airlines disaster in Addis Ababa which killed 157 people.

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Drugmaker Hikma returns to health

Beyond its listing on the London Stock Exchange, where it has recently returned to the FTSE 100, and a London corporate office, Hikma has little …

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